GEOSPACE TECHNOLOGIES CORP
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $110.8M | $135.6M | $124.5M | $89.3M | $94.9M | $87.8M | $95.8M | $75.7M |
| Cost of Revenue | $77.9M | $83.0M | $72.8M | $71.2M | $78.6M | $64.4M | $64.4M | $64.8M |
| Gross Profit | $32.9M | $52.6M | $51.7M | $18.0M | $16.3M | $23.4M | $31.4M | $11.0M |
| Gross Margin | 29.7% | 38.8% | 41.5% | 20.2% | 17.2% | 26.7% | 32.8% | 14.5% |
| Operating Expenses | ||||||||
| Research & Development | $18.9M | $16.3M | $15.9M | $18.1M | $14.8M | $16.6M | $15.5M | $10.8M |
| SG&A Expense | $29.8M | $26.6M | $26.0M | $23.5M | $21.9M | $23.1M | $23.6M | $19.9M |
| Operating Income | $-11.3M | $7.1M | $11.3M | $-23.1M | $-16.9M | $-18.0M | $1.0M | $-20.7M |
| Operating Margin | -10.2% | 5.2% | 9.1% | -25.9% | -17.8% | -20.5% | 1.1% | -27.4% |
| Interest Expense | $169.0K | $187.0K | $134.0K | $65.0K | — | $38.0K | $99.0K | $336.0K |
| Pretax Income | $-9.3M | $-6.5M | $12.6M | $-22.7M | $-13.5M | $-16.6M | $2.3M | $-19.8M |
| Income Tax Expense | $388.0K | $114.0K | $363.0K | $173.0K | $578.0K | $2.6M | $2.4M | $-580.0K |
| Net Income | $-9.7M | $-6.6M | $12.2M | $-22.9M | $-14.1M | $-19.2M | $-146.0K | $-19.2M |
| Net Margin | -8.8% | -4.9% | 9.8% | -25.6% | -14.8% | -21.9% | -0.2% | -25.4% |
| EPS (Basic) | $-0.76 | $-0.50 | $0.93 | $-1.76 | $-1.05 | $-1.42 | $-0.01 | $-1.45 |
| EPS (Diluted) | $-0.76 | $-0.50 | $0.92 | $-1.76 | $-1.05 | $-1.42 | $-0.01 | $-1.45 |
| Shares Outstanding (Basic) | 12.8M | 13.2M | 13.1M | 13.0M | 13.4M | 13.5M | 13.4M | 13.3M |
| Shares Outstanding (Diluted) | 12.8M | 13.2M | 13.2M | 13.0M | 13.4M | 13.5M | 13.4M | 13.3M |
| Dividends Per Share | — | — | — | — | — | — | — | — |